External trade surplus grows to EUR 1.8 billion
The volume of export surpassed the same period of the previous year’s level by 5.0%, that of import by 6.4% in March 2025. The surplus was EUR 1.8 billion, the balance grew by EUR 173 million, year-on-year. The adjusted volume of export diminished by ...
Economic performance stagnates in 1st quarter
The volume of Hungary’s gross domestic product stagnated according to raw data and was 0.4% lower according to seasonally and calendar adjusted and reconciled data in the 1st quarter of 2025 than in the corresponding period of the previous year. Compared to the previous ...
Tourist arrivals up, nights spent down
In March 2025, 1.1 million guests spent nearly 2.7 million tourism nights at tourist (commercial, private and other) accommodation establishments. Due to Good Friday and Easter falling entirely in April this year and the 15 March holiday not linked to a long weekend, the ...
Industrial producer prices rise by 7.3 percent
Industrial producer prices were 7.3% higher on average in March 2025 than one year earlier. Domestic output prices were 4.7% and non-domestic output prices 8.6% higher than in March in the previous year. The price rise was primarily caused by the annual weakening of ...
Unemployment rate at 4.3 percent
In March 2025, the average number of employed persons aged 15–74 was 4 million 701 thousand. The number of unemployed persons was 211 thousand and the unemployment rate 4.3%.
Government submits 2026 budget draft to Fiscal Council
The National Economy Ministry said the budget draft, "built on peace", contains Europe's largest tax reduction program and prioritises support for families and pensioners, while calculating with significant pay rises.
Orbán: Results of negotiations between Hungary and US will be felt within six months
The prime minister said US President Donald Trump was re-negotiating tariffs with all countries where the US had a deficit, aiming to improve the current situation.
Nagy: Government has approved the main figures of the 2026 budget
Minister Nagy said the budget draft would be sent to the Fiscal Council in the coming week and submitted to lawmakers on May 2.
Wages grow by nearly 10 percent
Full-time employees’ average gross earnings were HUF 661,400 and average net earnings with tax benefits reached HUF 455,000 in February 2025. Average gross earnings grew by 9.3%, net earnings increased by 9.1% and real earnings were 3.5% higher than a year earlier. Median gross ...
State Secretary: Food markups cap reduces prices by 18.6%
Róbert Zsigó said that 416 shops had been checked for compliance, so far, and no violations had been found.
